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To: CalculatedRisk who wrote (13833)1/26/1998 9:34:00 AM
From: Brad Davies  Read Replies (2) | Respond to of 18263
 
Bill, did you notice that they claimed no income tax benefit. Does that mean that they do not expect to take advantage of this loss going forward, or that they have no profits to carry the losses back against, or that their accountants will not let them claim a tax benefit because they do not reasonably believe they will be profitable in the future. Any thoughts?

Ron